Vesta Loft in Chicago accepting pre-leasing applications

Posted by Jason Devine, Community Contributor

Vesta Lofts, a 59-unit apartment building located at 125 East 21st Street in Chicago. Vesta Lofts is a historic revitalization development by JK Equities and is being managed by Luxury Living Chicago Realty. Built in 1913, and originally home to the Vesta Accumulator Company, the building was recently named to the National Register of Historic Places.

"There have been thousands of new apartments delivered in the last year, but the vast majority are larger luxury developments with a focus on high-end amenities. The focus with Vesta Lofts was on the living space inside the apartments, delivering high-end comfort while retaining the building's historical character," said Aaron Galvin, owner and managing broker of Luxury Living Chicago Realty, the exclusive leasing brokerage for Vesta Lofts. Galvin added, "At 59 units, this is an intimate building full of character, charm and history. And the value can't be beat. Loft-style living is in hot demand and low supply. This is the only new true luxury loft apartment building in downtown Chicago."

One-bedroom, one-bath apartments range from $1,400 to $1,700 for 671 to 796 square feet. Two-bedroom, two-bath units are priced from $2,000 to $2,500 for 987 to 1,175 square feet. There are also a few studios and a unique three-bedroom apartment available for rent. Each apartment includes a washer/dryer and oversized closets, with kitchens featuring stone countertops with preparation islands and stainless steel appliances. Building amenities include a rooftop deck with views of the lake and skyline, high-speed Internet, a residents-only fitness room, and bike storage.

All of the apartments at Vesta Lofts boast 14' to 17' ceilings, exposed timber posts and beams and oversized windows. All units feature original exposed brick. More than 7,700 square feet of retail will be located on the first floor, and there is surface parking for 62 vehicles just south of the building. Parking is an additional $125 per month per spot. "Vesta Lofts' incredible style, value and location make it an exceptional opportunity. And with just 59 units, renters are encouraged to act fast while units are available," said Galvin.